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Upgrading on Strong Organic Growth

In Q123, discoverIE Group plc saw a continuation of the strong organic growth reported in FY22, with revenue 17% higher y-o-y on an organic basis and 27% higher at constant exchange rates (CER). With underlying Q123 earnings ahead of the board’s expectations, Edison Group has upgraded its underlying EPS forecasts by 4.0% in FY23 and 3.2% in FY24. discoverIE is a leading international designer and manufacturer of customised electronics to industry, supplying customer-specific electronic products and solutions to original equipment manufacturers.

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